Join AOGdigital on Facebook Join AOGdigital on LinkedIn Join AOGDigital on Twitter

 

AOG Daily: 2018 / February

File Image (CREDIT: AdobeStock / (c) Sharrif Che''Lah) Venezuelan PDVSA''s refineries will operate at 43 percent of their total capacity in March due to a…
Wednesday, 28 February 2018 02:07

Oil Struggles to Escape China Demand Concerns

File Image (CREDIT: AdobeStock / (c) Gear STD) Soaring U.S. crude production also weighs on market.   Oil prices struggled to stay in positive territory…
Monday, 26 February 2018 06:37

Proforma Safety Partners with LOMAK Energy

Proforma Safety International announced its partnership with Guyanese agency, LOMAK Energy Services Inc., to support the oil and gas sector with consulting services.    Leveraging…
 Sembcorp Energy India, an independent power producer, filed draft papers with capital markets regulator Sebi to float an initial public offering (IPO). IPO_initial public offerings…
Friday, 23 February 2018 10:07

Japan Seeks to Boost Offshore Wind Power

The Yomiuri newspaper reported on Tuesday that:      -Japan''s government will submit legislation early next month to boost the use of offshore wind power…
BHP Billiton Ltd and ExxonMobil Corp''s Esso Australia said on Friday they have dropped a sale process started 20 months ago for some of Australia''s…
Thursday, 22 February 2018 02:49

Vitol's Bake Sees 'Strong' 2018 Oil Demand

File Image (CREDIT: AdobeStock / (c) Kasto) Vitol executive committee member Chris Bake said 2018 oil demand is looking "fairly strong."   "OPEC remains disciplined…
Wednesday, 21 February 2018 06:07

Fugro Returns to China for Gas Hydrate Research

Dutch survey and geotechnical services firm Fugro said it has been awarded a contract by China’s Guangzhou Marine Geological Survey (GMGS) to perform gas hydrate…
Global prices of liquefied natural gas (LNG) will face pressure from oversupply over the next two to three years, particularly in warmer months, top energy…
© Nightman1965 / Adobe STock Russia''s Urals crude exports from the ports of Ust-Luga and Primorsk are seen at 5.6 million tonnes in March compared…
OAS boss Almagro says regime "has become more tyrannical." U.S. weighs tougher sanctions after Tillerson tour.   Sanctions should be stepped up against Venezuela''s leaders and…
India imported a record 4.93 million barrels of oil per day (bpd) in January to feed its expanded refining capacity and meet rising demand, ship…
Thursday, 15 February 2018 02:30

China's Crude Futures Face Challenges: Russell

China''s new crude futures contract faces a mountain of obstacles to overcome if it is to establish itself as a viable benchmark for trading with…
Colonial Pipeline Co is allocating space for Cycle 12 shipments on Line 20, which carries distillates from Atlanta to Nashville, Tennessee, according to a notice…
Wednesday, 14 February 2018 04:32

US Oil Stocks Rise, Refining Rates Cut - EIA

U.S. crude stocks rose last week as refineries cut output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday.…
Vallourec Drilling Products, a subsidiary of Paris, France-based steel pipe maker Vallourec , will lay off roughly 150 employees in Texas, according to a regulatory…
IKM Subsea Singapore said it has kicked off 2018 with a double contract award.   The first is a contract to provide two remotely operated…
Two employees of Brightoil Petroleum (Singapore) Pte Ltd were charged in court in the city-state this week for their alleged involvement in the theft of…
India will auction 60 discovered small oil and gas fields with the potential to produce 194.65 million tonnes of oil and oil equivalent gas, the…
International oil major Royal Dutch Shell''s Russian business felt minimal impact from Western sanctions on Russia, the branch''s head Sergey Starodubtsev said on Wednesday, adding…
 China took the crown as the world’s largest crude oil importer in 2017, according to U.S. Energy Information Administration press release. China imported 8.4 million…
Sweden will invest 146 million crowns ($18 million) in a multibillion-euro project to build Europe''s biggest battery cell plant in the north of the country,…
China''s support for Venezuela has benefited ordinary people and been broadly welcomed, the foreign ministry said on Monday after the U.S. Treasury accused China of…
Unipec, the trading arm of Asia''s largest refiner Sinopec, has hired veteran crude oil trader Lee Yee Meng, who will join its office in Hong…
Thursday, 01 February 2018 18:00

Exxon, Chevron Shares Plunge

Exxon Mobil Corp and Chevron Corp posted rare quarterly earnings misses on Friday as cost cuts and rising oil prices failed to offset weakness in…
Oil and gas driller Patterson-UTI Energy Inc, dealing with the fallout of a drilling accident that killed five workers last month, reported a bigger-than-expected quarterly…
Lebanese Energy Minister Cesar Abi Khalil vowed on Friday there would be full exploration in offshore energy Block 9, part of which lies in waters…
Tuesday, 13 February 2018 18:00

Saudi Arabia to Restrain March Oil Exports

Saudi says to keep exports below 7 million bpd in March; OPEC's Barkindo says 2018 oil demand growth to be healthy.   Saudi Arabia will restrain…
OPEC is closing in on its goal of reducing oil inventories held by industrialised nations to their five-year average, the original target of a supply-cutting…
Algerian Energy Minister Mustapha Guitouni said on Tuesday that oil producers are seeking market stability and would meet in Riyadh in April to discuss ongoing…
Page 1 of 2